Progressive Share Brokers Vs IIFL Securities
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs IIFL Securities - Broker Details
| Progressive Share Brokers | IIFL Securities | |
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| Single Margin Facility |
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| Year of Incorporation | 1996 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 3 | 2000+ |
| Brokerage | 0.04% per order | ₹20/ Order |
| Broker Type | Full Service Broker | Full Service Broker |
Progressive Share Brokers Vs IIFL Securities - Account Opening & AMC Charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹250 per Year | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | NA | ₹0 (Free) |
Progressive Share Brokers Vs IIFL Securities - Brokerage charges & Plans
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order |
| Currency Futures | 0.04% per order | ₹20/ Order |
| Equity Delivery | 0.35% per order | ₹20/ Order |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs IIFL Securities - Other Charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹0 (Free) |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs IIFL Securities - Transaction Charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035% | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.0019% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | NSE: 0.05% (on premium) | NSE: 0.053% on Premium value |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
Progressive Share Brokers Vs IIFL Securities - Margin (Exposure)
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs IIFL Securities - Features
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Progressive Share Brokers Vs IIFL Securities - Review & Rating
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Progressive Share Brokers Vs IIFL Securities - Request a call back from Broker
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
Progressive Share Brokers Vs IIFL Securities - Investment Options
| Progressive Share Brokers | IIFL Securities | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Progressive Share Brokers Vs IIFL Securities - Order Type
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Progressive Share Brokers Vs IIFL Securities - Research & Report
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Progressive Share Brokers Vs IIFL Securities - Daily Market Report
| Progressive Share Brokers | IIFL Securities | |
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| Daily Market Reports & News |
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Progressive Share Brokers Vs IIFL Securities - Suitable For Investor
| Progressive Share Brokers | IIFL Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Progressive Share Brokers Vs IIFL Securities - Pros & Cons
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Pros | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features | 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). |
| Cons | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. |
Progressive Share Brokers Vs IIFL Securities - Background
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
Progressive Share Brokers Vs IIFL Securities - Compare All Brokers
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
Progressive Share Brokers Vs IIFL Securities - STT/CTT
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Progressive Share Brokers Vs IIFL Securities - Demat transaction charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Progressive Share Brokers Vs IIFL Securities - GST
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs IIFL Securities - SEBI Charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs IIFL Securities - Account Opening & AMC Charges
Progressive Share Brokers
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹250 per Year
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
NA
₹0 (Free)
Progressive Share Brokers Vs IIFL Securities
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
Progressive Share Brokers Account Opening Process and Charges |
IIFL Securities Review | Features and Brokerage PlansIIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. |
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IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Progressive Share Brokers Vs IIFL Securities - Brokerage charges & Plans
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.04% per order | ₹20/ Order |
| Currency Futures | 0.04% per order | ₹20/ Order |
| Equity Delivery | 0.35% per order | ₹20/ Order |
| Equity Options | ₹35 per lot | ₹20/ Order |
| Commodity Options | ₹35 per lot | ₹20/ Order |
| Equity Futures | 0.04% per order | ₹20/ Order |
| Currency Options | ₹15 per lot | ₹20/ Order |
| Fixed Charges | 0.04% per order | ₹20/ Order |
| Equity Intraday | 0.04% per order | ₹20/ Order |
| Call Back Open Account |
Progressive Share Brokers Vs IIFL Securities - Margin (Exposure)
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Progressive Share Brokers Vs IIFL Securities - Other Charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | ₹50/ Order |
| API Charges | Free API | ₹0 (Free) |
| Call & Trade Charges | Rs. 20 (+ GST) | ₹0 (Free) |
| Other Brokerage Charges | 0.04% per order | ₹20/ Order |
| Minimum Brokerage | 0.04% per order | ₹20/ Order |
Progressive Share Brokers Vs IIFL Securities - STT/CTT
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sell |
| Equity Options | 0.0625% on sell side (on premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
Progressive Share Brokers Vs IIFL Securities - Demat transaction charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Progressive Share Brokers Vs IIFL Securities - GST
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Progressive Share Brokers Vs IIFL Securities - SEBI Charges
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Progressive Share Brokers Vs IIFL Securities - Features
| Progressive Share Brokers | IIFL Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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